The Siren (SIREN) token plunged nearly 70% on Tuesday, reversing a rapid rally as onchain analysts warned that a small cluster of wallets may control a large share of the token’s supply. According to CoinGecko data, the token dropped nearly 70% from a high of $2.56 early Tuesday to a low of $0.79 on the same day. At the time of writing, Siren hovered around $1. The sell-off followed a steep run-up in SIREN, a BNB Chain token marketed as an AI analyst agent. Analysts at Bubblemaps and the pseudonymous…
Month: March 2026
Bitcoin Yardstick Prints Record ‘Deep Value’ in Sub-$60,000 BTC Price Dip
Bitcoin Yardstick data confirmed a new record for BTC price “deep value” in February as miners battled the lowest price levels in 15 months. Bitcoin (BTC) is “off the chart” in terms of value-for-money as price diverges from hash rate, a market analyst says. Key points: Bitcoin price action is diverging from hash rate to an extent never seen before. The Bitcoin Yardstick metric shows that price is in its “deep value” range. Hash rate continues to circle its historical highs despite a 40% BTC price drawdown. Bitcoin Yardstick shows…
ECB Says Stablecoins and Tokenized Deposits Need Central Bank Money
Tokenized deposits and stablecoins need tokenized central bank money as a public settlement anchor if Europe’s tokenized financial markets are to scale, Piero Cipollone, a member of the European Central Bank’s Executive Board, said on Monday. Cipollone pointed to Pontes, the Eurosystem’s distributed ledger technology (DLT) settlement initiative, which is designed to connect market DLT platforms with the Eurosystem’s TARGET Services and provide settlement in central bank money. “Without tokenised central bank money, a seller of a tokenised security may receive payment in an asset they are not comfortable holding…
Nasdaq and Talos Aim to Tackle Tokenization Collateral Bottleneck
Nasdaq will integrate its Calypso risk and collateral platform and trade surveillance system with digital asset infrastructure firm Talos’s institutional trading tools. The integration announced Monday aims to offer institutional clients a “unified” workflow for managing tokenized collateral and monitoring crypto and traditional assets for market abuse. It aims to ease a bottleneck in institutional tokenization, with Nasdaq citing internal research that roughly $35 billion in collateral sits tied up in “corrective and non-interest-bearing measures.” Nasdaq’s integration of its trade surveillance tools means that Talos clients will be able to…
Aave DAO Supports V4 Rollout Plan in Snapshot Vote
Aave’s decentralized autonomous organization backed a proposal to move its V4 protocol toward deployment on Ethereum mainnet, signaling broader support for the upgrade after weeks of governance tension and contributor exits. On Monday, the proposal to deploy Aave V4 on the Ethereum mainnet garnered near-unanimous support from the DAO, with more than 645,000 votes in favor and less than one vote against, and no abstentions, according to data from the offchain voting platform Snapshot. The vote marks a shift from earlier divisions within the Aave community, signaling broad alignment around…
As Mass Adoption Approaches, Crypto Has Forgotten Its Roots
Opinion by: Dr Corey Petty, chief evangelist at Logos When early cryptocurrencies were conceptualized, the vision was not one of complex leverage strategies, celebrity rugpulls and government treasuries. Rather, cypherpunks sought, through cryptographic tools, to empower people through the privacy-given freedom to exchange goods and services without the threat of government overreach and mass corporate surveillance The crypto landscape is turning from one of decentralized networks into an extension of traditional finance. Centralized exchanges regularly account for over 80% of daily crypto transactions. If crypto is to hold onto its…
Tom Lee Says Mini Crypto Winter Ending as Bitmine Nears ETH Goal
Bitmine Immersion Technologies chairman Tom Lee says Ether’s “mini-crypto winter” may be ending as the firm bought another $139 million worth of ETH, bringing it closer to its goal of acquiring 5% of the token’s supply. Lee said in a statement on Monday that Bitmine has maintained a higher buying pace over the last three weeks as it expects the end to a several-month-long Ether (ETH) slump in its “base case.” The crypto markets crashed in October last year, with Bitcoin (BTC) falling from its all-time peak above $126,000 during…
SEC Top Enforcer Clashed Over Trump Cases Before Resigning
The US Securities and Exchange Commission’s former top enforcement official reportedly clashed with the regulator’s top brass before resigning last week, with part of the reason being how the agency handled cases involving those close to US President Donald Trump. Margaret Ryan, the ex-director of the SEC’s Division of Enforcement, wanted to pursue fraud and other charges in cases involving those in Trump’s orbit, but was resisted by SEC Chair Paul Atkins and other Republican political appointees, Reuters reported on Monday, citing people familiar with the matter. Two cases that…
Australia’s Hostplus Pension Fund Considers Adding Crypto for Members
Hostplus, Australia’s third-largest pension fund by member count, is reportedly considering offering cryptocurrencies as an investment option, citing interest from its members in the asset class. “There’s certainly a demand from some of our members who write in and say, ‘Why can’t I have access to cryptocurrency?’” Sam Sicilia, the fund’s chief investment officer, told Bloomberg on Monday. Investment offerings in crypto could be available as soon as next financial year, he said, with Bitcoin and other digital assets offered through its ChoicePlus investment option, which allows people to self-manage…
Stablecoin Bill Introduced in Delaware Aims to Create Licensing Framework
Two Delaware lawmakers are working to establish stablecoin regulations as part of a broader package of regulatory proposals aimed at “modernizing” the state’s financial sector. In a statement on Monday, the Delaware Senate Democrats announced that Senator Spiros Mantzavinos and Representative Bill Bush had filed the Delaware Banking Modernization Act (Senate Bill 16) and the Delaware Payment Stablecoin Act (Senate Bill 19). “This legislative package sends a signal loud and clear: here in Delaware, we’re democratizing our financial services and lowering the barriers to entry, making it easier for all…